Daily Review – Wednesday 30-Nov-2016

Daily Review – Wednesday 30-Nov-2016

US – Prelim GDP q/q

The US preliminary GDP for Q3 rose 3.2%, compared to a market estimate of 3.0%, the highest quarterly growth in two years.

 

US – CB Consumer Confidence

After a steep decline in October, the US consumer confidence is back up again at a level of 107.1, pre-recession levels.

 

US – S&P/CS Composite-20 HPI y/y

The S&P/Case-Shiller Composite-20 House Price Index was 5.1% higher in September, compared to the same period a year ago.

Month on month the index was up 0.1% from August.

 

Canada – Current Account

Canada’s current account for Q3 declined $0.7B to a deficit of $18.3B. It’s first decline after three consecutive quarters of deficit growth.

 

UK – Net Lending to Individuals m/m

The total value of net lending to individuals in the UK increased by £4.9B in October, compared to a monthly average of £4.2B over the past six months.

 

EU – German Prelim CPI m/m

The first readings of German inflation for October are estimated to be 0.1%, compared to 0.2% in September.

 

EU – German Import Prices m/m

After three consecutive month of meandering around the zero level, the German import price index grew by 0.9% in October, compared to 0.1% in September.

On an annual level, October declined by 0.1%, compared to the same month in 2015.

 

EU – French Consumer Spending m/m

French consumers spend 0.9% more in October, after a -0.4% decline in September.

Spendings on energy (+3.6%) and purchases of household durables (2.5%) and of clothing (2.1%) picked up substantially.

 

EU – Spanish Flash CPI y/y

The first estimations for the Spanish inflation came in at 0.7% for November, the same reading as in October.

 

Japan – Household Spending y/y

Household spending in Japan declined 0.4% in October compared to the same period last year, 0.6% less than the -1.0% analysts were expecting.

 

Japan – Unemployment Rate

The Japanese unemployment rate remained at 3% in October, the same as last month.

 

Japan – Retail Sales y/y

Japanese retail sales declined 0.1% in October following a -1.7% drop in September and is now in its 8th consecutive month of decline.

 

Australia – HIA New Home Sales m/m

New home sales in Australia dropped 8.5% in October, compared to September, a two-year low.

 

Upcoming Data Releases

 

Daily Review - Thursday 01-Dec-2016 Daily Review - Tuesday 29-Nov-2016